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Experiential Exercise: Classifying Some Strategies in the last twenty years in USA market (Individual Work) Purpose: This exercise can improve your understanding of various strategies
Experiential Exercise: Classifying Some Strategies in the last twenty years in USA market (Individual Work) Purpose: This exercise can improve your understanding of various strategies by giving you experience classifying strategies. This skill will help you use the strategy-fonnulation tools presented later. Consider the following year 23135 strategies by various rms. 1. .T.P. Morgan Chase acquired Bank l[flue for 36D billion. 2. KB Toys led for bankruptcy and aimounced plans to close half of its 1,21?r stores in the USA. Toys R Us is the #1 specialty toy retailer. KB is #2. Viacom sold its 82 percent stake in Blockbuster. RJR and Brown Sr. Williamson, two large tobacco lms, merged. FedEx acquired Kinko's for $2.5 billion in order to gain thousands of retail shipping locations. Fishing Charters, Inc. acquired a local radio station. Marriot acquired a furniture manufacturer. Lonestar Steakhouse expanded into Europe. IBM began opening its own chain of retail stores to exclusively sell its own products. {1. Avon doubled its adveitising efforts worldwide. 5*\":\"5-9 \"WENT-1F\" Instructions: 1. on a separate sheet of paper, number from 1 to If]. These numbers correspond to the strategies described above. 2. What type of strategy best describes the actions cited above? Indicate your answers. Teaching Notes: Students should classify these strategies based on the 11 corporate alternative strategies described in class. You can google these companies to learn more about them especially at the time of the decision made
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